Rimini Street Inc. (RMNI): Price and Financial Metrics
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RMNI POWR Grades
- Quality is the dimension where RMNI ranks best; there it ranks ahead of 99.89% of US stocks.
- RMNI's strongest trending metric is Momentum; it's been moving down over the last 179 days.
- RMNI ranks lowest in Momentum; there it ranks in the 38th percentile.
RMNI Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for RMNI is -4.66 -- better than merely 2.32% of US stocks.
- Equity multiplier, or assets relative to shareholders' equity, comes in at -2.23 for Rimini Street Inc; that's greater than it is for only 3.8% of US stocks.
- With a year-over-year growth in debt of 401.97%, Rimini Street Inc's debt growth rate surpasses 96.74% of about US stocks.
- If you're looking for stocks that are quantitatively similar to Rimini Street Inc, a group of peers worth examining would be III, FNKO, HYFM, ADUS, and CPSH.
- Visit RMNI's SEC page to see the company's official filings. To visit the company's web site, go to www.riministreet.com.
RMNI Valuation Summary
- In comparison to the median Technology stock, RMNI's EV/EBIT ratio is 52.87% higher, now standing at 49.3.
- Over the past 77 months, RMNI's EV/EBIT ratio has gone up 50.6.
- RMNI's price/sales ratio has moved up 0.2 over the prior 77 months.
Below are key valuation metrics over time for RMNI.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| RMNI | 2021-09-01 | 2.4 | -5.4 | 83.2 | 49.3 |
| RMNI | 2021-08-31 | 2.3 | -5.2 | 80.3 | 47.4 |
| RMNI | 2021-08-30 | 2.3 | -5.2 | 79.1 | 46.6 |
| RMNI | 2021-08-27 | 2.3 | -5.2 | 79.8 | 47.1 |
| RMNI | 2021-08-26 | 2.2 | -5.0 | 76.2 | 44.7 |
| RMNI | 2021-08-25 | 2.2 | -5.0 | 76.0 | 44.5 |
RMNI's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- RMNI has a Quality Grade of A, ranking ahead of 99.69% of graded US stocks.
- RMNI's asset turnover comes in at 1.291 -- ranking 75th of 561 Business Services stocks.
- CPSI, HGBL, and QUOT are the stocks whose asset turnover ratios are most correlated with RMNI.
The table below shows RMNI's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 1.291 | 0.617 | -0.160 |
| 2021-03-31 | 1.328 | 0.614 | -0.129 |
| 2020-12-31 | 1.447 | 0.614 | -0.195 |
| 2020-09-30 | 1.537 | 0.612 | -0.144 |
| 2020-06-30 | 1.672 | 0.615 | -0.105 |
| 2020-03-31 | 1.765 | 0.619 | -0.098 |
RMNI Price Target
For more insight on analysts targets of RMNI, see our RMNI price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $11.90 | Average Broker Recommendation | 1.6 (Moderate Buy) |
RMNI Stock Price Chart Interactive Chart >
RMNI Price/Volume Stats
| Current price | $6.18 | 52-week high | $11.52 |
| Prev. close | $6.01 | 52-week low | $4.19 |
| Day low | $5.93 | Volume | 302,700 |
| Day high | $6.23 | Avg. volume | 501,119 |
| 50-day MA | $5.92 | Dividend yield | N/A |
| 200-day MA | $6.55 | Market Cap | 537.91M |
Rimini Street Inc. (RMNI) Company Bio
Rimini Street, Inc. provides enterprise software support services. It offers enterprise software support services for Siebel, PeopleSoft, JD Edwards, Oracle E-Business Suite, Oracle Database, Hyperion, Oracle Retail, Oracle Fusion Middleware, SAP, and BusinessObjects software. The company was founded in 2005 and is based in Las Vegas, Nevada.
Latest RMNI News From Around the Web
Below are the latest news stories about Rimini Street Inc that investors may wish to consider to help them evaluate RMNI as an investment opportunity.
Identiv, Inc. (INVE) Earnings Expected to Grow: What to Know Ahead of Next Week's ReleaseRimini Street (RMNI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
Rimini Street to Report Fourth Quarter and Fiscal Year 2021 Financial Results on March 2, 2022LAS VEGAS, February 23, 2022--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced it will report earnings after the market close on March 2, 2022. The Company will host a conference call and webcast on that date to discuss the fourth quarter and fiscal year 2021 results and 2022 outlook at 5:00 p.m. Eastern/2:00 p.m. Pacific time. |
BreastScreen Victoria Switches to Rimini Street Support for its Oracle Database Software, Unlocks Resources to Meet Increasing Service DemandLAS VEGAS, February 15, 2022--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that BreastScreen Victoria, one of Australia’s largest breast cancer screening organizations, has switched to Rimini Street Support for its Oracle Database software. By switching annual support providers, BreastScreen Victoria was able to liberate ad |
Brooktree Capital Management Buys Rimini Street Inc, Fiserv Inc, NextEra Energy Inc, Sells ...Investment company Brooktree Capital Management (Current Portfolio) buys Rimini Street Inc, Fiserv Inc, NextEra Energy Inc, sells Cimpress PLC, Loyalty Ventures Inc, 3M Co during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Brooktree Capital Management. |
Rimini Street Foundation Announces $50,000 in Grants to Eligible Las Vegas Nonprofit OrganizationsLAS VEGAS, February 01, 2022--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced the Rimini Street Foundation has announced its inaugural RMNI LOVETM Grant Program, which aims to recognize the communities that Rimini Street works in around the world. The RMNI LOVE Grant Program will award five $10,000 grants to certified 501(c)3 |
RMNI Price Returns
| 1-mo | -8.31% |
| 3-mo | 1.64% |
| 6-mo | 4.75% |
| 1-year | -3.89% |
| 3-year | 17.71% |
| 5-year | N/A |
| YTD | 3.52% |
| 2021 | 34.76% |
| 2020 | 14.18% |
| 2019 | -24.66% |
| 2018 | -34.89% |
| 2017 | N/A |
Continue Researching RMNI
Here are a few links from around the web to help you further your research on Rimini Street Inc's stock as an investment opportunity:Rimini Street Inc (RMNI) Stock Price | Nasdaq
Rimini Street Inc (RMNI) Stock Quote, History and News - Yahoo Finance
Rimini Street Inc (RMNI) Stock Price and Basic Information | MarketWatch
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